Categories AlphaGraphs, Consumer, Earnings

A visual representation of McDonald’s Corporation (MCD) Q1 2020 earnings results

McDonald’s Corporation (NYSE: MCD) reported first quarter 2020 earnings results today.

McDonald's Corporation reports Q1 2020 earnings results

Total revenues fell 6% to $4.71 billion year-over-year. Global comparable sales declined 3.4%.

Net income dropped 17% to $1.1 billion while EPS decreased 15% to $1.47.

The company withdrew its 2020 outlook and its long-term outlook due to the uncertainty related to the impact of the COVID-19 outbreak on global economic conditions and its business operations.

Past Performance

mcdonald's Q3 2019 earnings infographic

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top